Notable Buzzers: Alcatel Lucent SA, Twitter Inc, Kandi Technolgies Corp, Tiger Oil and Energyadmin
New York, January 03, 2014 / Accesswire / – Market Buzz Report, which provides live alerts on penny stocks, issues critical stocks analysis for Alcatel Lucent SA (ADR) (NYSE:ALU), Tiger Oil and Energy, Inc. (TGRO), Twitter Inc (NYSE:TWTR), Kandi Technolgies Corp. (NASDAQ:KNDI).
Tiger Oil and Energy, Inc. (TGRO) shares declined 1.55% and closed at $1.27. The company on Dec. 20 announce that it has secured a commitment from an nonrelated source for the $600,000 required to proceed with drilling plans for the Cowley County KS in partnership with TOTO Energy LLC. Tiger will earn a 30% working interest and a 24.45% Net Royalty Interest in the wells drilled and fracked. The terms of the agreement call for Tiger to receive three tranches of $200,000 each on a callable convertible note wherein the Company borrows the sum at 5% interest for one year and the investor can elect to continue to receive the interest on the note or have the Company issue the investor shares of common stock of the Company at $0.50 per share to retire the debt.
Free Urgent Insider Catalyst Report For TGRO Available Here: http://marketbuzzreport.com/index.php?code=TGRO (Or Copy and paste the URL into your browser)
Alcatel Lucent SA (ADR) (NYSE:ALU) shares climbed 1.58% to $4.49 in pre-market hour. The company on Dec. 20 announced that it has signed a definitive agreement for the sale of its subsidiary, LGS Innovations LLC, to a US-based company owned by a Madison Dearborn Partners-led investor group that includes CoVant. The divestment forms part of the commitments outlined by Alcatel-Lucent in The Shift Plan. Announced in June the plan set out the strategy to reposition the company as a specialist in IP Networking and Ultra-Broadband Access, while reducing its fixed cost structure by Euro 1 billion and making selective asset sales to generate at least Euro 1 billion by the end of 2015.
Free Urgent Insider Catalyst Report For ALU Available Here: http://marketbuzzreport.com/index.php?code=ALU (Or Copy and paste the URL into your browser)
Twitter Inc (NYSE:TWTR) shares jumped 1.96% to $68.82 in the pre-market hour. TWTR’s stock was downgraded by Macquarie Capital on Dec. 27, which said the stock has gone “too far, too fast.” Ben Schachter, a Macquarie analyst in New York, lowered his rating from neutral to underperform – the equivalent of sell. The shares have jumped 40 percent since Macquarie initiated coverage on Dec. 11, without any improvement in Twitter’s fundamentals, Schachter said in a report.
Additionally, on Dec. 16, Bob Peck from SunTrust downgraded shares of Twitter from Buy to Hold also as a valuation call and has had a $50 price target since before the shares went public. He wrote “We are lowering our rating on Twitter to Hold from Buy, as the stock has surpassed our year end 2014 $50 target by ~20%.”
Free Urgent Insider Catalyst Report For TWTR Available Here: http://marketbuzzreport.com/index.php?code=TWTR (Or Copy and paste the URL into your browser)
Kandi Technolgies Corp. (NASDAQ:KNDI) shares jumped 0.44% to $13.70 in the pre-market hour. The company on Dec. 24 announced that its subsidiary Zhejiang Kandi Electric Vehicles Co., Ltd. (the “JV Company”) signed the Ownership Transfer Agreement (the “Agreement”) with Shanghai Maple Guorun Automobile Co., Ltd. (“Shanghai Maple”), a 99% owned subsidiary of Geely Automobile Holdings Ltd. (“Geely”) on December 23rd, 2013. Pursuant to the terms of the Agreement, the JV Company is required to pay RMB 640,651,000 (approximately USD104,147,186) to acquire 100% ownership of Kandi Electric Vehicles (Shanghai) Co., Ltd. (“Kandi Shanghai”) from Shanghai Maple.
Free Urgent Insider Catalyst Report For KNDI Available Here: http://marketbuzzreport.com/index.php?code=KNDI (Or Copy and paste the URL into your browser)
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Posted: January 3rd, 2014 under ACCESSWIRE.